- WLD Coin Price Expectations: WLD is trading within a descending wedge pattern:

The price of WLD has been trading within a bearish pattern (formed by connecting multiple peaks and troughs with two trendlines) for over a month. As of Thursday when this report was written, WLD's price rose to approximately $0.49.

If the WLD price breaks above the descending wedge and closes above it, the upward movement could extend toward the daily resistance level at $0.56. If the price closes above this level, it could rise further toward the 50-day exponential moving average (EMA) at $0.63.

The Relative Strength Index (RSI) on the daily chart indicates a level of 36, trending upward toward its neutral level at 50, suggesting a slowdown in bearish momentum. However, for the bullish momentum to continue, the RSI must break above the neutral level. Meanwhile, the MACD lines are converging, indicating a state of indecision among traders.

Daily chart of the WLD/USDT pair

On the other hand, if WLD experiences a correction, the decline could extend to its lowest level on December 18 at $0.47.